Credits at Closing Sample Clauses

Credits at Closing. In addition to the potential adjustments to the Purchase Price as contained in Paragraphs 5(b), 5(d), 6(d) and 10 hereof, the Purchaser shall receive a credit at Closing in the amount of $269,444.00 for contract 322-1058. Further, Purchaser shall receive a credit at Closing for any funds received by Seller after July 2, 2004 and prior to Closing under any pay-as-cut contracts affecting the Property.
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Credits at Closing. Except as specifically set forth in Section 6.1 (a) and (k), in connection with the Closing, Buyer shall receive a credit against the Purchase Price for all Assumed Tenant Improvement Costs and all Leasing Commissions Being Assumed.
Sample 1
Credits at Closing. At Closing, Seller will provide Purchaser with a credit against the Purchase Price of (a) $90,000.00 relating to physical conditions and code compliance that Purchaser may need to repair or rectify after Closing, which credit is in full settlement of any claims Purchaser may have relative to the physical condition and/or and code compliance of the Property (except for a breach of a representation and warranty set forth in this Agreement); and (b) the Mexican Post Credit described in Section 7.1.
Sample 1

Related to Credits at Closing

  • Payments at Closing At the Closing, Buyer shall:

  • Payment at Closing The Borrower shall have paid (A) to the Administrative Agent, the Arrangers and the Lenders the fees set forth or referenced in Section 4.3 and any other accrued and unpaid fees or commissions due hereunder, (B) all reasonable fees, charges and disbursements of counsel to the Administrative Agent (directly to such counsel if requested by the Administrative Agent) to the extent accrued and unpaid prior to or on the Closing Date, plus such additional amounts of such reasonable fees, charges and disbursements as shall constitute its reasonable estimate of such fees, charges and disbursements incurred or to be incurred by it through the closing proceedings (provided that such estimate shall not thereafter preclude a final settling of accounts between the Borrower and the Administrative Agent) and (C) to any other Person such amount as may be due thereto in connection with the transactions contemplated hereby, including all taxes, fees and other charges in connection with the execution, delivery, recording, filing and registration of any of the Loan Documents.

  • Cash at Closing At Closing, Purchaser shall pay to Seller, by wire transferred current federal funds, an amount equal to the Purchase Price, minus the sum of the Xxxxxxx Money which Seller receives at Closing from the Escrowee, and plus or minus, as the case may require, the closing prorations and adjustments to be made pursuant to Section 4(C) below.

  • Actions at Closing At the Closing, the following actions will take place:

  • Deliveries at Closing At the Closing:

  • Documents at Closing At the Closing, the following documents shall be delivered:

  • Transactions at Closing At the Closing, the following transactions shall occur, which transactions shall be deemed to take place simultaneously and no transaction shall be deemed to have been completed or any document delivered until all such transactions have been completed and all required documents delivered:

  • Payment at Closing; Fee Letters The Borrower shall have paid to the Administrative Agent and the Lenders the fees set forth or referenced in Section 4.3 and any other accrued and unpaid fees or commissions due hereunder (including, without limitation, legal (including, without limitation, local counsel) fees and expenses) and to any other Person such amount as may be due thereto in connection with the transactions contemplated hereby, including all taxes, fees and other charges in connection with the execution, delivery, recording, filing and registration of any of the Loan Documents.

  • Deliveries by Buyer at Closing At the Closing, Buyer shall deliver to Seller:

  • Deliveries by Seller at Closing At the Closing, Seller shall deliver or cause to be delivered to Buyer the following:

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